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Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles highlighted agency efforts to make the FRB regulatory framework more transparent, simple and efficient. In testimony before the House Committee on Financial Services, Mr. Quarles stated that the FRB has taken ...

Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles considered proposed changes to the FRB's large bank stress testing regime that would increase both its transparency and efficiency. In a speech at the Brookings Institution, Mr. Quarles said that the FRB is ...

Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles asserted that community banks are "faring well" since the financial crisis. In remarks before the Sixth Annual Community Banking Research and Policy Conference, Mr. Quarles reviewed the trends and policy ...

I want to thank the American Bankers Association for inviting me to speak.[1] This is an era of relatively rapid evolution in banking regulation, an area of human endeavor that is not commonly known for its speedy metamorphoses. But in the time since I became the Vice Chairman for Supervision at ...

Federal Reserve Board ("FRB") Vice Chair for Supervision Randal K. Quarles outlined the agency's recent efforts to review and improve its regulatory framework now that implementation of major post-crisis reforms is largely complete. In a speech before the 110th Annual Convention of ...

Good afternoon. It is a particular honor for me be here to address the Utah Bankers Association, which is like coming home in two ways: First, to Sun Valley, which is our family's deeply rooted second home--my wife's great grandfather established the first sawmill in the Wood River Valley ...

The Board of Governors of the Federal Reserve System ("FRB") issued a proposal aimed at simplifying and tailoring compliance with the Volcker Rule. It is the first major overhaul of the Volcker Rule since regulations were adopted in late 2013. The proposal, which remains subject to public ...

Board of Governors of the Federal Reserve System Vice Chair for Supervision Randal K. Quarles encouraged regulators to reconsider the capital and liquidity requirements for foreign banks operating in the United States. He also proposed a return to the pre-financial crisis regulatory goal of ...

Thank you to Professor Scott for inviting me to join this discussion on cross-border resolution and risks of fragmentation. Like many of my international counterparts in the audience, I maintain a deep commitment to cross-border banking and efficient movement of capital and liquidity, which are ...

Board of Governors of the Federal Reserve System ("FRB") Vice Chair for Supervision Randal Quarles described the relationship between the Federal Reserve's balance sheet and Liquidity Coverage Ratio ("LCR") requirements. In remarks at the Hoover Institution Monetary Policy ...

Thank you very much to the Hoover Institution for hosting this important conference and to John Taylor for inviting me to participate.[1] In my capacity as both the Vice Chairman for Supervision at the Board of Governors and a member of the Federal Open Market Committee (FOMC), part of my job is to ...

Board of Governors of the Federal Reserve System ("FRB") Vice Chair for Supervision Randal K. Quarles outlined the agency's efforts to improve the efficiency, transparency and simplicity of its regulatory framework. In testimony before the Committee on Financial Services, Mr. Quarles ...

Chairman Hensarling, Ranking Member Waters, and other members of the committee, I appreciate the opportunity to testify on the Federal Reserve's regulation and supervision of financial institutions. The Federal Reserve, along with the other U.S. banking agencies, has made substantial progress ...

Good morning. I want to thank the conference organizers for inviting me to speak to you today.[1] It is an honor and a pleasure to be part of this unique annual event that brings together bankers, bank supervisors, and researchers to discuss the latest community banking research, recent trends in ...

Board of Governors of the Federal Reserve System ("FRB") Vice Chairman for Supervision Randal K. Quarles reported that federal regulators are collaborating on a proposal to make "material changes to the Volcker Rule." Speaking at the Institute of International Bankers Annual ...

Thank you very much to the Institute of International Bankers for inviting me to speak here today. Among my first areas of focus when I was a very young lawyer starting out in my career well over 30 years ago was providing advice to foreign banks and financial firms operating in the United States, ...

Board of Governors of the Federal Reserve System ("FRB") Vice Chair for Supervision Randal Quarles advocated for a more tailored approach to supervising banks. In an address before the American Bar Association Banking Law Committee Annual Meeting, Vice Chair Quarles discussed the need for ...

The Board of Governors of the Federal Reserve System ("FRB") requested comment on three proposals designed to improve the transparency of its stress testing procedures. One proposal would provide for enhanced disclosure of the models used by the FRB in its supervisory stress tests ...

Board of Governors of the Federal Reserve System Vice Chair for Supervision Randal Quarles described innovation in the U.S. payment system and highlighted the risks presented by digital currencies. In remarks at the 2017 Financial Stability and Fintech Conference, Mr. Quarles asserted the need to ...

The U.S. Senate Banking committee voted to advance the nominees for two prominent banking regulatory positions. The two nominations will now proceed to the Senate floor for a confirmation vote. Joseph Otting was approved to serve as Comptroller of the Currency. Mr. Otting most recently was managing ...